Abu Dhabi unveils $735m residential project masterplan
Abu Dhabi has unveiled the masterplan for a Dh2.7 billion ($735 million) housing project in Al Dhafra region that will boast over 1,449 apartments and 700 villas and townhouses besides schools, mosques and a medical clinic in the first phase.
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Abu Dhabi has announced plans to develop a major residential project on the coast of Al Dhafra region at an investment of Dh2.7 billion ($735 million).
The Jabal Al Dhanna housing development, which will come up over a sprawling 1.29 million sq m area, will boast more than 1,449 apartments, two schools, eight mosques, a main centre and a medical clinic besides over 700 villas and townhouses in the first phase.
Upon completion, the project will accommodate nearly 12,000 people, said the statement from Department of Municipalities and Transport (DMT).
Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in the Al Dhafra Region, was briefed about the masterplan and progress of the project by Jassim Mohammed Al Zaabi, Chairman of the Department of Finance and DMT Chairman Falah Mohammad Al Ahbabi at a meeting held yesterday (February 12) at Al Nakheel Palace in Abu Dhabi.
Sheikh Hamdan highlighted the importance of the long-term planning of development and strategic projects, which will help the development of the new residential neighbourhood and meet the needs of its residents, as well as provide services to the community and preserve the stability, growth and prosperity of the citizens and residents of Al Dhafra.
He also praised the pioneering role of the department and Modon Properties in advancing the tourism, housing and planning sectors in Abu Dhabi, as well as in ensuring sustainable development, an effective infrastructure, community planning and quality of life.-TradeArabia News Service
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